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- mikkom replied Aug 14, 2008
It will spike down fast because all the stops at about that price. If it will reach that point.
EURUSD
- mikkom replied Aug 14, 2008
Okay triangle is broken. Down we go. When it reaches 4815, we are going to have a ride down.
EURUSD
- mikkom replied Aug 14, 2008
I hadn't noticed this before, I was just looking at the triangle (the one with red upper line and blue lower line but there are both triangle and channel involved, this makes things much clearer to me at least. After noticing this I somehow begin to ...
EURUSD
- mikkom replied Aug 14, 2008
Oil price is doing rollercoaster ride and currencies follow.. edit: oil volatility is crazy today.
EURUSD
- mikkom replied Aug 14, 2008
I went flat. My gut feeling is that unemployment numbers for the US are worse than estimates.
EURUSD
- mikkom replied Aug 14, 2008
I was hoping some consistency after the EU releases but no, just more random small movements up and down.
EURUSD
- mikkom replied Aug 14, 2008
German gdp: minus French gdp: minus Finnish gdp: minus Looks like bad news for the eurozone. The real question is what markets were anticipating.
EURUSD
- mikkom replied Aug 13, 2008
Because so many people are anticipating that this is a bottom, there will be many stops below every bottom. Everyone should be now very careful with their longs because the bottoms are so close that triggering one wave of stops may trigger all of ...
EURUSD
- mikkom replied Aug 12, 2008
If you are only trading with the trend as you said in the last post, why in earth would you short USDJPY or go long EURUSD?
EURUSD
- mikkom replied Aug 12, 2008
Looks like market was expecting more positive result than what it got.
EURUSD
- mikkom replied Aug 12, 2008
I don't like the current price action at all - no clear direction so US numbers later today will probably tell the direction. My plan is to be flat before they are announced and trade based on price action after the announcement.
EURUSD
- mikkom replied Aug 12, 2008
This is what it looks like to me at the moment. Let's see if it goes south from here
EURUSD
- mikkom replied Aug 12, 2008
Could you please stop copypasting all these articles here? It's enough to post the link, people can then go to link to read the article if they are interested. Imagine what this thread would be like if everyone who posts here would copypaste 10-20 ...
EURUSD
- mikkom replied Aug 11, 2008
It looks like the long term support has been broken. To be honest, I didn't expect this at all.
EURUSD
- mikkom replied Aug 11, 2008
I'm scalping too at the moment, this market is too irrational right now for long term positions.
EURUSD